TETELESTAI Notification List

The TETELESTAI(It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

If you wish to subscribe to the private page's feed, please visit the TETELESTAIpage located HERE and access the private page.

If you're having trouble please give me an email at TetelestaiDC@gmail.com

(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

Guest Posting & Responding Now Available

Dinar Chronicles is now allowing viewers to guest post and respond to articles. If you wish to respond or speak your mind and write a post/article or about the current situation relating to Iraq, the RV, the GCR and so on. You may now send in an entry.

All you need to do is send your entry to UniversalOm432Hz@gmail.com with these following rules.

U.S. equities closed sharply lower on Friday as concerns the Federal Reserve might raise interest rates this month loomed following comments made by key Fed officials.

"The Fed is clearly on a choreographed path; it wants to raise rates this year," said Art Hogan, chief market strategist at Wunderlich Securities. "What the market is trying to re-calibrate is whether that means September or December."

"You've also had some lingering disappointment from Mario Draghi disappointing," he said.

The Dow Jones industrial average closed nearly 400 points lower, with3M and Boeing contributing the most losses. The index also posted its biggest single day fall since June 24 and its worst week since January.

"The commentary from a voting member that the Fed may be forced to raise rates is important," said Kim Forrest, senior equity analyst at Fort Pitt Capital. "I think the market needs to understand that there may be a rate hike coming. Whether it's September or December, it doesn't matter big picture."

"I think this is a good opportunity to take a hard look at your portfolio and maybe re-position as the market trends a bit lower," said Rob Bartenstein, CEO of Kestra Private Wealth Services. "This part of the year historically has 20-to-25 percent more volatility than any other time of the year." He added, however, he thinks stocks should finish the year on a high note.

Getty Images | A trader on the floor of the New York Stock Exchange.

The S&P 500 fell 2.45 percent, with telecommunications and utilities shedding more than 3 percent. The index also posted its first 1 percent move since July 8, as well as its biggest one-day fall since June 24.

"I think this might be the beginning of a correction," said Chuck Self, CIO of iSectors. "When you look at the sectors, it's a decently broad decline." He added that Monday "could be a pretty ugly day as well" since stocks were on track to end the week on a negative note.

"Intraday support has been violated, which increases risk of downside follow-through today. We believe September will be characterized by a healthy pullback, true to its seasonal influences," Katie Stockton, chief technical strategist at BTIG, said in a note to clients.

The Nasdaq composite dropped about 135 points, or 2.54 percent, as the iShares Nasdaq Biotechnology ETF (IBB) fell 3.26 percent and Apple slid 2.26 percent. The Nasdaq also posted its worst day since June 24.

"I think the key thing here is Eric Rosengren's speech," said David Kelly, chief global strategist at JPMorgan Funds. "I think they are trying to box themselves into a corner where they have to raise rates in September in order to maintain credibility."

"If the market does sell off in anticipation of a rate hike, I think it will recover pretty quickly," Kelly added, noting a rate hike would ultimately be seen as a vote of confidence for the economy.

"Voting member Eric Rosengren, historically a dove, repeated his desire (was hawkish two weeks ago) for a rate hike notwithstanding the soft data over the past week," Peter Boockvar, chief market analyst at The Lindsey Group, said in a note to clients. "Bottom line, this is important because here we have is a voting member, a dove and someone that is calling for a rate hike even after the recent string of weak economic data."

Investors have been closely listening to Fed officials and looking at economic data, trying to gauge when the Fed might raise rates. Market expectations for a rate hike this month were 24 percent on Friday, up from 18 percent Thursday, according to the CME Group's FedWatch tool.

That said, U.S. stocks have continued to hold in their recently tight range. The S&P 500 had gone 43 straight sessions without closing 1 percent higher or lower as of Thursday's close.

JJ Kinahan, chief strategist at TD Ameritrade, said "I think people might overreact to this move on the S&P because they haven't seen a 1 percent move in so long."

Sean Lynch, co-head of global equity strategy at the Wells Fargo Investment Institute, said earlier this week market volatility could pick up this month. "We believe that this volatility is likely to be focused on the riskier areas of the market, but that it may cross all equity classes," Lynch said in a Wednesday note to clients.

The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, traded more than 30 percent higher, near 16.4. "We wished for volatility and the VIX rose 30 percent," TD Ameritrade's Kinahan said.

Fort Pitt Capital's Forrest also said the nuclear bomb test in North Korea held overnight may be weighing on market sentiment, since "North Korea has been a wildcard and continues to be a wildcard."

Investors also kept an eye on oil prices Friday. U.S. crude settled 3.65 percent lower at $45.88 a barrel, a day after surging more than 4.5 percent following a 14.5 million barrel drawdown reported by the Energy Information Administration.

Still, WTI posted a weekly gain of more than 3 percent, according to FactSet. Baker Hughes said U.S. oil rigs rose by 7.

U.S. Treasurys fell broadly on Friday, with the two-year note yield near 0.79 percent and the benchmark 10-year note yield around 1.67 percent. The U.S. dollar rose against a basket of currencies, with the euro near $1.1218 and the yen around 102.7.

About 19 stocks declined for every advancer at the New York Stock Exchange, with an exchange volume of 1.068 billion and a composite volume of 4.112 billion at the close.

High-frequency trading accounted for 49 percent of August's daily trading volume of about 6.12 billion shares, according to TABB Group. During the peak levels of high-frequency trading in 2009, about 61 percent of 9.8 billion of average daily shares traded were executed by high-frequency traders.CORRECTION: The Dow sunk as much as 215 points before afternoon, ET. The depth of that drop was misstated in a previous headline.Source

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."

All rights reserved go to their respective holders. We do not own the intellectual property shown on this website, the respective holders own that privilege unless stated otherwise.

We do not endorse any opinions expressed on the Dinar Chronicles website. We do not support, represent or guarantee the completeness, truthfulness, accuracy, or reliability of any content or communications posted on Dinar Chronicles.

Dinar Chronicles is not a registered investment adviser, broker dealer, banker or currency dealer and as such, no information on the website should be construed as investment advice. We do not intend to and are not providing financial, legal, tax, political or any other advice to any reader of the website. This website is...Read More

Dinar Chronicles

The Classified page and more are located at the Official Main Website, click the image above to visit. If you arrived here from the Official Main Website and wish to see all posts, click the Home tab on the top left.

Dinar Chronicles (Alternate)

If nothing is being posted on this part of the website please check here.

Operating Hours

The operating hours of posting for Dinar Chronicles is 9:00 AM to 2:00 PM and 7:00 PM to 12:00 AM Eastern Time. These hours are not strictly followed and may vary.